Liquid Terminal Performance Analysis Study

Gain valuable insight to sustain or enhance your company’s competitive position with a clear understanding of how you compare against peers.

Solomon’s Worldwide Liquid Terminal Performance Analysis (Liquid Terminal Study) uses a proprietary database, models, methods, and best practices to measure and compare your performance against industry peers and top performers. Our unique Comparative Performance Analysis™ (CPA™) methodology and normalization factors, accounting for size and complexity differences with peers, generate reliable cost comparisons for domestic and international terminal facilities.

Gap Analysis

Figure 1. Manageable Non-Volume Expenditures (MNVE) Gaps

The peer gap analysis delivers significant data-driven insight into performance improvement opportunities in both cost and personnel. Figure 1. presents the Manageable Non-Volume Expenditures (MNVE) gaps by cost components. The operations bar represents a favorable gap, where the terminal outperforms the competition, whereas the maintenance bar represents an unfavorable gap or underperformance. The example evaluation above shows a total gap of 540k USD; however, the graph reveals the true improvement opportunity of 700k USD.

The Study is open to all liquid terminal systems, including any combination of the following:

Pipeline, truck, rail, marine facilities
Crude oil, petroleum products, petrochemicals, and/or LPGs

Gain comparative performance insight on:

Total Cash Operating Expenditures
Maintenance Expenditures and Tank Integrity
Personnel Costs and Work Hours
Reliability and Safety
Energy Consumption and Cost
Gap Analysis
Peer Group Analysis
Individual Client Reports

Learn More & How You Can Participate

Obtain a clear picture of your competitive position with data-driven, actionable insight.

Download the Study Invitation

Join top companies that rely on Solomon’s Liquid Terminal Study to identify optimization opportunities and enhanced reliability.

Request a Consultation

Leverage a vetted, proprietary performance database of

>800

Liquid Terminals

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Why Participate?

Determine competitive positions using standard and custom industry peer groups
Assess specific performance shortfalls relative to best in industry performers
Formulate personnel and expenditure optimizations plans to eliminate shortfalls
Establish performance targets and measure progress
Compare industry performance across geographic regions
Demonstrate performance/capability to joint-venture partners, financial institutions, and security analysts

Study Deliverables

Participants receive the following:

Reliable metrics for analyzing performance
Rigorous data validation
Comparison to facilities with diverse operating configuration, terminal capacity, throughput, product mix, and complexity
Performance comparisons at the terminal level
Executive summary presentation with actionable insight supported by study

Closing Performance Gaps

What gaps do you struggle to close? What quick and near-term actions will have the biggest impact on performance excellence and profitability? We know what good looks like… and how to get there.

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Data Quality, Benchmarking Methodology

A Foundation for Effective Comparative Performance Analysis and Decision Support

We prioritize the integrity and confidentiality of participant-submitted data and rigorously review that data before benchmarking begins. Then, we employ our normalization process and benchmarking methodology to provide valuable and trusted peer group comparisons that deliver meaningful KPIs. Finally, our staff of senior consultants apply their deep industry experience to develop practical insight and recommendations to enable your success.

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